Of course, in special cases it's understandable, but I was talking about a comfort loan, like buying an OLED TV or the latest car.
Discussion
Totally. But I think it’s understandable in more than just special cases.
Bitcoin loans will permanently change the Bitcoin cycles.
Why? In the past to enjoy fiat gains you had to sell your Bitcoin. This creates sell pressure and creates a tax obligation.
In the future, you take out a loan against some of your Bitcoin. Now there is zero sell pressure and there are no taxes. Most completely underestimate what this means.
Indeed, seen from this angle, it's different. I never thought of it that way